Company news - Page 7
Stay up to date with the latest Company news updates from the global modern power systems industry
Ørsted acquires Lincoln
Ørsted has gained a foothold in the US onshore wind energy sector with the acquisition of Lincoln Clean Energy.
Mercedes makes first deal with Polish PPA
Mercedes-Benz has signed the first corporate renewable power purchase agreement in Poland.
BioTherm closes renewables projects in South Africa
BioTherm Energy has reached financial close on a 284 MW portfolio of wind and solar projects in South Africa.
Brewing giants sets sights on renewables
San Miguel Corporation has confirmed plans to build up to 10 GW of renewable energy capacity over the next ten years.
Eskom registers large year on year loss
The release of Eskom's 2017/2018 financial results has revealed a net loss of R2.3 billion and irregular expenditure of R19.6 billion since 2012, revealing the extent of its...
Statkraft updates its renewables strategy
Norwegian energy major Statkraft has announced plans to ramp up the development of wind and solar energy as part of a long-term strategy to ensure cost competitive energy to customers.
Total completes Direct Energie purchase
French energy group Total has made a move to take full ownership of Direct Energie following its successful bid for a majority stake in the company.
Green Investment Group launches North American business
The Green Investment Group is continuing its global expansion with the launch of its business in North America.
Advent acquires GE’s distributed power business
GE has signed an agreement to sell its Distributed Power business unit to Advent International for $3.25 billion. T
Langage power plant sold to EPH
Langage power station in Devon, UK, has been sold as part of a £318million deal.
Orsted initiates sale of Danish retail unit
Orsted has announced plans to sell its power distribution and retail sales business in Denmark.
State utility buys Estonian wind developer
Estonian state utility Eesti Energia has sealed a deal to buy Nelja Energia, one of the largest renewable energy operators in the Baltic region.
China Three Gorges makes EDP bid
Energias de Portugal has rejected a takeover bid for its outstanding shares from China Three Gorges (Europe) SA.
LOC's MWS breakthrough in China
LOC is to carry out marine warranty services for the second phase of the Pinghai Bay offshore wind farm in China.
E.On expands onshore activities in Germany
E.On reports that it has taken over the activities of Vortex Energy in order to help it expand its onshore wind energy portfolio in Germany.
Siemens Gamesa continues to grow
After three consecutive quarters of growth in order intake, the company's order backlog has reached €22 041 million and is back to market-peak levels of March 2017.
Acciona plans $600 investment in Chilean renewables
Acciona Energia has announced plans to build two new photovoltaic plants and two wind farms in Chile with a total capacity of around 400 MW.
Invenergy files lawsuit against Polish government
US energy company Invenergy has filed a lawsuit in an international arbitration court seeking damages from the Polish government over its treatment of wind farm ventures.
Lightsource launches India infrastructure fund
Lightsource BP has teamed up with Everstone Group to invest in green energy projects in India.
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